Toggle light / dark theme

China’s aerospace industry has traditionally been the domain of state-owned institutes and enterprises, but a huge amount of investment has poured into the private sector since 2015 when Beijing announced a national strategy to integrate military and civilian businesses.


Landspace Tech’s ZQ-1 took off from Jiuquan Satellite Launch Centre at 4pm on Saturday carrying a small satellite for state broadcaster CCTVMission failed due to problem with rocket’s third stage, company says.

Read more

Biohacking raises a host of ethical issues, particularly about data protection and cybersecurity as virtually every tech gadget risks being hacked or manipulated. And implants can even become cyberweapons, with the potential to send malicious links to others. “You can switch off and put away an infected smartphone, but you can’t do that with an implant,” says Friedemann Ebelt, an activist with Digitalcourage, a German data privacy and internet rights group.


Patrick Kramer sticks a needle into a customer’s hand and injects a microchip the size of a grain of rice under the skin. “You’re now a cyborg,” he says after plastering a Band-Aid on the small wound between Guilherme Geronimo’s thumb and index finger. The 34-year-old Brazilian plans to use the chip, similar to those implanted in millions of cats, dogs, and livestock, to unlock doors and store a digital business card.

Kramer is chief executive officer of Digiwell, a Hamburg startup in what aficionados call body hacking—digital technology inserted into people. Kramer says he’s implanted about 2,000 such chips in the past 18 months, and he has three in his own hands: to open his office door, store medical data, and share his contact information. Digiwell is one of a handful of companies offering similar services, and biohacking advocates estimate there are about 100,000 cyborgs worldwide. “The question isn’t ‘Do you have a microchip?’ ” Kramer says. “It’s more like, ‘How many?’ We’ve entered the mainstream.”

Research house Gartner Inc. identified do-it-yourself biohacking as one of five technology trends—others include artificial intelligence and blockchain—with the potential to disrupt businesses. The human augmentation market, which includes implants as well as bionic limbs and fledgling computer-brain connections, will grow more than tenfold, to $2.3 billion, by 2025, as industries as diverse as health care, defense, sports, and manufacturing adopt such technologies, researcher OG Analysis predicts. “We’re only at the beginning of this trend,” says Oliver Bendel, a professor at the University of Applied Sciences & Arts Northwestern Switzerland who specializes in machine ethics.

Read more

Much, much better they say 🤔.


Many of the world’s richest seem to earnestly believe that some kind of apocalyptic “event” is coming, and have prepared accordingly. You might have read about this before — such as in the New Yorker’s deep dive back in January 2017 — but billionaire doomsday preppers are back in the news again thanks to a new viral article penned by professor and media theorist Douglas Rushkoff. In it, Rushkoff gives some insight on the grave manner in which some of the business elite are going about preparing for a doomsday, which he learned first-hand after receiving an invitation to speak with some one-percenters.

Rushkoff says that what was supposed to be a wholesome discussion about the “future of technology” quickly turned into a consulting session on an impending apocalypse.

SPONSORED

Read more

Tesla is shaking up the automotive industry. But which of Tesla’s products and features are doing the disrupting, and who will be affected? A recent article by Benedict Evans delves into the details of this automotive disruption with comparisons to similar shake ups in the tech industry.

Evans uses the disruptive wave that Apple unleashed on Palm, Nokia, and other makers of previous-generation cell phones as an analogy. “When Nokia’s people looked at the first iPhone, they saw a not-great phone with some cool features that they were going to build too, being produced at a small fraction of the volumes they were selling,” he writes. “When many car company people look at a Tesla, they see a not-great car with some cool features that they’re going to build too, being produced at a small fraction of the volumes they’re selling.”

But can Tesla be considered the Apple of the auto industry, and if so, what would that mean? Disruption occurs when a new technology or concept changes the basis of competition in a field. However, not every new technology turns out to be disruptive. “Some things do not change the basis of competition enough, and for some things the incumbents are able to learn and absorb the new concept instead,” writes Evans, noting that business professor Clay Christensen calls this “sustaining innovation” as opposed to “disruptive innovation”.

Read more

Join the largest community of machine learning (ML), deep learning, AI, data science, business analytics, BI, operations research, mathematical and statistical professionals: Sign up here. If instead, you are only interested in receiving our newsletter, you can subscribe here. There is no cost.

The full membership includes, in addition to the newsletter subscription:

Read more

For businesses that want to maintain or increase their bottom line, this means re-engineering the fundamentals of their supply chain by developing or adopting new material solutions that achieve a lot more with a lot less.

“The smart companies, manufacturers and brands are the ones who are starting to invest in sustainable material innovation,” says Caroline Till, co-author of Radical Matter: Rethinking Materials for a Sustainable Future, adding, “There’s a thirst from consumers for this.” It’s clear that tomorrow’s leaders will be those who are brave enough to invest in this research today.

For The Future Laboratory’s new Material Far Futures report, we’ve compiled the most transformative case studies in material innovation into the 10 paradigms that we believe will disrupt industry in the coming decades, each with original visualisations from Studio Brasch. From fabrics that generate power through motion and new forms of kinetic architecture to bio-engineering’s impact on luxury fashion, the materials of tomorrow will be smarter, stronger, more dynamic and, crucially, less ecologically damaging.

Read more

Len Blavatnik, the Ukrainian-born and Russian-raised billionaire businessman with a net worth of $17.9 billion, says he has given away $500 million to charity so far, mostly to world-renowned universities like Oxford, Harvard, Stanford and Yale. When asked why he favors donating to higher education institutions, he explains shrewdly that for him, conducting philanthropy is like running a business.


Len Blavatnik, who made his first billions in Russia, credits much of his success to his academic parents and to his education. He’s given hundreds of millions to universities mostly in America and England.

Read more

The funding, awarded by the UK Government’s Department for Business, Energy and Industrial Strategy’s Regulators’ Pioneer Fund, will be used to pioneer new ways of regulating the autonomous and smart shipping industries to help them deliver innovative new technologies to the traditional maritime sector.

The global autonomous shipping industry is predicted to grow into a $136 billion behemoth by 2030, with UK businesses already playing a key role. The funding will see the creation of the Maritime Autonomy Regulation Lab, where regulators from the MCA and DfT can work with academia and support industry to promote on-water testing and flagship projects and help the UK grow its presence in the global marketplace.

Read more

China put tiny spy chips on many U.S. servers. That’s the word from Bloomberg Businessweek, whose cover story published Thursday asserts that Beijing persuaded Chinese hardware manufacturers to install a surveillance chip, half the size of a grain of rice, on the motherboards of hundreds of thousands of data servers sold around the world by a U.S. company called Supermicro, including to Amazon and Apple.

Read more